Saturday, May 23, 2020

What do most of Indians do wrong in term of retirement?

         
          Mistakes made by Indians People  about their retirement :
1. Not preparing for it or even thinking about it in during their high earning period.
2. Not realizing how serious the ravages of inflation can be.
3. Trusting their bodies too much and not mentally preparing of sudden surprises that take a toll on their health. They believe "That cannot happen to me"  until it is too late.
4. Depending totally on their children to take care of then when they are old.
5. Not preparing for the sudden departure of their spouse and planning ahead for how the surviving partner will manage.
6. Not reconciling with the loss of  "Importance" once they retire and expecting the same deferential    treatment from everyone around them.
7. Not leaving a clear will and creating a problem for the next generation.
8. Constantly living in the past instead of living in the present and being optimistic about the future.
9. Not planning what to do with all the time they have at their disposal.


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